Single Period Utility - Edubirdie

University:
Camosun College
Course:
NURS132 | Promoting Health and Wellbeing
Academic year:

2023
Views:

227

Pages:

2
Author:

Aysha A.

Single period utility The model starts & gwen period, a simplification on any an individual utility, is based on his health & other non-health goods be consumes. - the ist ole health plays in the model s as a CONSUMPTION GOOD!. One's health contributes directly to utility Time constraints w/in a swale period. In addition to the possible trade-offs b/w and 2, there is a limit the individual's utility. are another constraint,. ability If one undivided divides her time ofer exactly different activity. In any grand Las time period t o units of time to a divided at her disposal and faces the following time Consthainh

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